EUR/JPY – 30M – BUYThe combination Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 162.46900 will persist.
Caution: A possible counter-trend in the direction of support at 161.16000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 163.76900 |
| 2nd High | 162.48600 |
| Next High | 162.46900 |
| Current Price | 161.34800 |
| Next Low | 161.16000 |
| 2nd Low | 160.65800 |
| 3rd Low | 159.63400 |